business news - FinTecBuzz

Arch Re Announces Intent to Acquire Majority Stake in Precision Marketing Asia Pacific

February 17, 20203 min

Arch Reinsurance (Arch Re), a wholly owned subsidiary of Arch Capital Group Ltd., has announced that it has entered into an agreement in principle to obtain a majority stake in Precision Marketing Asia Pacific (PMAP), subject to regulatory and other approvals. PMAP is an Australian company that provides data-driven marketing solutions to banks, insurance companies, retailers and health care organizations across the Asia-Pacific region. This transaction provides both Arch Re and PMAP increased distribution scale...

by BusinessWire

Financial Software

CSI Recognized by Arizent as a Best Place to Work in FinTech for Third Consecutive Year

February 17, 20204 min

Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end financial technology solutions, has been recognized by Arizent and Best Companies Group as one of the 2020 Best Places to Work in Financial Technology. CSI has been honored with this recognition each year since the award’s inception in 2018. CSI prides itself on having a consistent, professional and family-oriented company. The organization’s culture emboldens employees to develop diverse skill sets, provide world-class customer service, and foster...

by PRNewswire

Analytics/BI

Numerati® Partners LLC’s Dr. David K.A. Mordecai Presented at the CFTC’s Second Annual Fintech Forward Conference

February 15, 20205 min

Numerati® Partners LLC, a technology curation and enablement firm announced that Dr. David K.A. Mordecai presented at the U.S. Commodity Futures Trading Commission’s (CFTC) Second Annual Fintech Forward Conference on October 24, 2019 in Washington, D.C. The conference brought together innovators, regulators, market participants and the general public to discuss the latest in FinTech developments and the impact of these emerging technologies on markets and customers. Building on the prior year’s inaugural conference, Fintech Forward delved deeper into the current issues and trends related to...

by PRNewswire

ERP CRM PSA

Fenergo Closes Investment Round from ABN AMRO Ventures & DXC Technology

February 13, 20206 min

Fenergo, the leading provider of digital transformation, customer journey and client lifecycle management (CLM) solutions for financial institutions, has announced today that it has closed its latest funding round. The award-winning enterprise software provider has raised capital from ABN AMRO Ventures and DXC Technology. ABN AMRO’s investment follows the investment by DXC Technology (NYSE: DXC) into Fenergo in the summer of 2019. The funding will facilitate further product enhancement and the potential acquisition of new business units and/or...

by PRNewswire

Payment Platform

PayPal Funds Northeastern University in Launch of Major Research Project on Illegal Firearms Transactions

February 13, 20206 min

PayPal Holdings, Inc. (NASDAQ: PYPL), along with the Center on Crime and Community Resilience at Northeastern University, in partnership with the University of Chicago Crime Lab, today announced the formation of a research initiative designed to better understand illegal firearm trafficking and financing in the United States. Banking News The research initiative, with funding support from PayPal, is designed to generate actionable insights and guide efforts to monitor and respond to illegal firearm distribution, with the goal of combating the illegal sale...

by PRNewswire

Payment Platform

Retail Success Acquires ByDesign Technologies

February 12, 20203 min

Retail Success, LLC announced its acquisition of ByDesign Technologies, LLC, the premier provider of business management tools for the Direct Selling industry. The acquisition of ByDesign Technologies is part of Retail Success’ planned expansion into the direct selling, retail, and gig economy spaces. The combined organization serves a worldwide customer base across a variety of vertical markets. fintech news “ByDesign Technologies is a strategic addition to the Retail Success family,” said Scott Maher, CEO of Retail Success. “It...

by FTB News Desk

Brokers/Trading

GAIN Capital Announces Monthly Metrics for January 2020

February 12, 20205 min

Management Commentary“Trading conditions in January saw a solid improvement over December and the fourth quarter in general, with Retail daily volumes increasing 18% and Futures up 36% month on month. Coming off a prolonged period of low volatility during 2019, we remain focused on our longer term strategy but are encouraged by how the new year has begun,” stated Glenn Stevens, GAIN Capital CEO. Historical metrics and financial information can be found on the Company’s investor...

by PRNewswire

Banking Platform

Novo Named 2020’s Best Place to Work in Financial Technology

February 12, 20204 min

Modern business banking platform is recognized as a leading workplace in fintech

by PRNewswire

ERP CRM PSA

FinancialForce Appoints Tony Kender as Chief Revenue Officer

February 11, 20205 min

FinancialForce, the #1 Enterprise Professional Services Automation (PSA) and only customer-centric ERP cloud solution native to the Salesforce Platform, today announced it has appointed Tony Kender as Chief Revenue Officer. As a recognized leader in creating and directing high-performance sales organizations that maximize customer value, Kender will be responsible for developing and managing strategies to accelerate and scale global revenue. Kender is a proven leader in creating and driving high performance go-to-market organizations. With more than three decades of...

by FTB News Desk

Brokers/Trading

Sweat Equity Ventures Launches New Value Accelerator Model of Venture Capital

February 11, 20209 min

SEV invests expertise in exchange for equity

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